Clenergy EV plans surge ahead after investment
WELSH firm Clenergy EV has opened new headquarters after securing a multi-million-pound investment deal as it looks to become the leading electric vehicle charge point software company in the UK.
The company has opened new offices in the Sony Technology Centre’s Business Incubation Centre in Pencoed Technology Park, Bridgend, after it raised £4m in its first round of funding.
The funding has also allowed the firm to scale up its operational capacity and workforce, doubling staff numbers to 25 in the past 12 months.
The firm has grown rapidly in the past three years, partnering with 150 organisations across the UK and its software powering 400 of the 1,500 publicly available EV charging points in Wales.
Chief executive Will David said: “The electric vehicle revolution is happening in Wales, the UK and worldwide – and our smart charge point software and EV Driver app is enabling it for hundreds of organisations.”
Sony UK Technology Centre director of professional services Gerald Kelly said: “We are delighted to be a part of this fantastic milestone for Clenergy EV. We pride ourselves on working closely with likeminded businesses, and we are extremely proud to have them as part of our Business Incubation Centre.
“Their goal of providing simple, fair and accessible electric vehicle charging for a cleaner planet is in alignment with our own sustainability commitments, and we look forward to continuing to support the innovation and success of Clenergy EV into the future.”
Welsh Economy Minister Vaughan Gething visited the new HQ as part of its official opening with representatives from Swansea council, Carmarthenshire County Council, Vale of Glamorgan council and the
Dragon Charging Network.
Mr Gething said: “I’m delighted to have had the honour to open Clenergy EV’s new offices and to learn about their exciting and innovative business.
“Electric vehicle charging infrastructure is critical to creating the greener Wales we all want to see and the Welsh Government is committed to this goal through our Net Zero Wales Plan.”
Around 55,000 fast charge points will be needed across Wales by 2030 as part of the Welsh Government’s aim for all EV drivers to be able to access charging infrastructure “when and where they need it” by 2025.
Last month, German EV charging station network IONITY opened its first charging site in Wales. The 250kW EV charging point is located near the Prince of Wales Bridge, just off the M4 in Magor.
Further contracts have been signed for IONITY to install charging stations in three other locations in Wales, with Holywell confirmed as the next site to open.